Question

The merchants who controlled the trade were known as:
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Answer 1

Answer:

Historically, a merchant is anyone who is involved in business or trade. During the 16th century, merchants included local traders such as bakers, grocers, shopkeepers as well as others who imported and exported goods over vast distances, and offered value added services such as credit and finance.

Explanation:

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Answer 2

Answer:

In 16th-century Europe, two different terms for merchants emerged: meerseniers referred to local traders (such as bakers and grocers) and koopman (Dutch: koopman) referred to merchants who operated on a global stage, importing and exporting goods over vast distances and offering added-value services such as credit